Comshare Announces Newest Version of Arthur Allocation at RisCON '97.PHILADELPHIA--(BUSINESS WIRE)--Oct. 1, 1997--Comshare, Inc. (CSRE CSRE Comparative Studies in Race and Ethnicity CSRE Closed System Respirator Evaluator :NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on - NM) The Decision Support Company(R) announced the release of version 1.1 of its powerful new Arthur(TM) Allocation The apportionment or designation of an item for a specific purpose or to a particular place. In the law of trusts, the allocation of cash dividends earned by a stock that makes up the principal of a trust for a beneficiary usually means that the dividends will be treated as software today. Comshare will be exhibiting at RisCON '97, a retail information systems conference and exhibition sponsored by the National Retail Federation, October 5-8. A member of the Arthur(TM) Enterprise Suite, Arthur Allocation is an Oracle-based application that enables retailers to optimize optimize - optimisation the distribution of merchandise to every store, resulting in fewer markdowns, lower inventory costs, increased profits, and improved customer satisfaction. "The only real constant in retail is change," says Peter Charness, Senior Director, Retail for Comshare. "From the time assortments are ordered, to the time the merchandise is delivered, the business will have moved on. Your vendor may not ship exactly what you ordered, yet you must ensure that each style goes to the best possible location based on your latest vantage point." With Arthur Allocation, you can quickly assess which stores will perform best with each product. Products are matched to each store's personality, sales trends, and capacity. Allocation has been sold to leading retailers in three continents. Two well-known North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. retailers, Warner Bros. Studio Stores The Warner Bros. Studio Store was a chain of retail stores nationwide carrying Looney Tunes and other merchandise based on Warner Bros. films, similar in style to The Disney Store. When Warner Bros. and Ross Stores, are already enjoying its benefits: "My most experienced distributor has come to me many times to tell me how Arthur Allocation has made allocating merchandise much faster for her," says Brad Eckhart, Vice President, Merchandise Planning Merchandise Planning is a strategic and systematic approach used by retailers, particularly in fashion and non-food areas. It is aimed at maximising return on investment, through planning and monitoring sales, margins and inventory in order to increase profitability. and Allocation, Warner Bros. Studio Stores. "Arthur Allocation, allows us to use the style, size, and store level history to look at historical trends. The application enables us to assign attributes to each store, so we can determine the product allocation that best fits the store's personality," continues Eckhart. "Using the ability to filter on attributes creates an array of stores that will truly profit from the product being allocated; as a result, we get the right inventory in the right place." "We are determined to expand the number of stores as well as the depth of selection," says Steve Davis For other people with this name, see . Steve Davis, OBE, (born August 22, 1957, Plumstead, London[3]) is an English professional snooker (and to a lesser extent pool) player. He won 6 Snooker world titles during the 1980s. , Manager of Merchandise Systems Development for Ross Stores. "Arthur Allocation helps us manage that expansion without having to continue to add new people. The time saved is incredible. Our people are extremely happy with Arthur Allocation. The quality of the allocation is exceptional and we can perform 'what if' analysis of our allocations on the fly. That capability alone puts retailers on the leading edge of decision making. Arthur Allocation automates the retail process giving retailers the information they need to plan the best merchandise mix for today's circumstance Circumstance or circumstances can refer to:
"Using Arthur Allocation, you quickly assess which stores will perform best with each product," says Donna Tranter, Product Manager for the application. "Allocation makes quick work of distributing a collection of products to the right stores at the right time, in a single allocation. Products are matched to each store's personality, sales trends, and capacity." Customers can create and save any number of allocation methods, based on Comshare's best practice methodology, which is built in to the application, or use expertise from within their own organization. "Using these methods, even your newest allocator can be working like an expert in just a short time," says Charness. "The ability to allocate more than one product at the same time is essential for effective allocations and maximizing productivity," explains Herb Kleinberger, Chairman and Partner, Retail Industry Services, Management Horizons, a division of Price Waterhouse LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . "Being able to do this means retailers can do a better job coordinating the distribution of related merchandise and that is a real advantage." "The option to factor store-level merchandise plans into allocation decisions is important," says Kleinberger. "Having an application that can do this means retailers can take what they have planned and put it into action." Arthur Allocation takes advantage of the latest 32 bit technology by using Win95 or Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. . It is an open system that utilizes Oracle's relational database relational database Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple. . "We see the underlying architecture of Arthur Allocation as a big plus," concludes Eckhart of Warner Bros. Studio Stores. "Windows provides flexibility and ease of use, and with Oracle, we get an industry standard database, which means we can develop a data warehouse and use it with other applications." "Retailers make a disproportionate dis·pro·por·tion·ate adj. Out of proportion, as in size, shape, or amount. dis pro·por amount of their profits in the last quarter of the year when Christmas shopping is at its peak and while the merchandise office is actually at its busiest. Arthur Allocation will not only enhance the productivity of merchandise allocation departments, but also the retailer's ability to feed product to those stores that will sell it the fastest and at the best margin," says Charness. "Comshare is pleased to provide retailers with the ability to manage the strategic merchandise process using key members of Comshare's Arthur Enterprise Suite, (AES), the first truly complete set of retail decision support applications. Using Arthur(TM) Planning, retailers can set product vision, then manage their merchandise and maximize their Christmas sales with Arthur Allocation 1.1." About the Arthur Enterprise Suite Comshare's Arthur Enterprise Suite, (AES), is the first truly complete set of retail decision support applications. Using AES, retailers can successfully focus the whole organization on strategic decision making. Comshare refers to this Full Lifecycle Decision Support(TM). Arthur's Enterprise Suite allows the retailer to review results, plan the future seasons, and react swiftly to actual performance as necessary. The Arthur Enterprise Suite integrates the critical business processes of planning, assortment planning Assortment Planning is a mission critical function for retailers. This is the place where the retailer meets the customer. The place where the retailer must buy exactly what their customers will buy. , allocation, tracking and performance analysis. It ensures that retailers can focus on the resources and factors that result in both satisfied customers and maximum profits. The Enterprise Suite delivers what retailers need in the precision terms of today's "Micromarketing". AES moves retailers from vision to execution by providing a detailed step-by-step methodology for navigating (networking, hypertext) navigating - Finding your way around. Often used of the Internet, particularly the World-Wide Web. A browser is a tool for navigating hypertext documents. the complex process of managing the merchandise cycle. This methodology is drawn from the experiences and success of hundreds of current Arthur users. Comshare consultants and partners use proven implementation techniques to insure Insure can mean:
Members of Arthur's Enterprise Suite Performance Analysis enables users to see trends over the years, all within seconds on a store-by-store basis. With Arthur's powerful exception highlighting, trends emerge quickly, and the facts about past performance become clear. Planning provides powerful capabilities to create detailed merchandise plans. Goals can be pushed down rapidly to lower levels of detail. The impact of a change at a detailed level can be quickly viewed at the summary level. Gaps between desired sales targets and planned targets Targets that are known to exist in an operational area, and against which effects are scheduled in advance or are on-call. Examples range from targets on joint target lists in the applicable campaign plans, to targets detected in sufficient time to list in the air tasking order, can be easily identified, and automatically resolved. The impact of intake timing, pricing, markdowns, or promotions can be rapidly reviewed, allowing the best scenario to be constructed and approved. Assortment Planning, a forthcoming member of the Arthur Enterprise Suite, will provide the ability to take the product plan through the merchandise selection process, bridging the gap between plan and purchase order. Buyers and planners can see the results of their planned purchases from every angle. Collections can be built, color or price stories detailed, and deliveries targeted with precision. The range review can be fact-based. As importantly, buyers and planners can quickly determine if their planned assortment assortment /as·sort·ment/ (ah-sort´ment) the random distribution of nonhomologous chromosomes to daughter cells in metaphase of the first meiotic division. as·sort·ment n. is in balance with the company's goals, objectives and visions. Allocation provides the power to quickly assess which stores will perform best with each product. Using the assortment plan as the basis for distribution, Arthur Allocation can also blend in Verb 1. blend in - blend or harmonize; "This flavor will blend with those in your dish"; "This sofa won't go with the chairs" blend, go fit, go - be the right size or shape; fit correctly or as desired; "This piece won't fit into the puzzle" current performance to ensure optimal product deliveries. Allocation allows retailers to match the product to each store's current personality and capacity. Using Arthur Allocation, retailers move effectively from planning into the in-season process. Information Manager is designed to cope with parallel processing parallel processing, the concurrent or simultaneous execution of two or more parts of a single computer program, at speeds far exceeding those of a conventional computer. , large volumes, and achieve breakthrough speeds for loading, calculating and tracking information. Unlike tools that claim to turn "data into information" for the retailer, the Arthur Information Manager will deal specifically with retail problems: massive detail; short processing windows; frequent reorganizations of product and location classifications; and complex calculations like open-to-buy, and forward cover. About Comshare Comshare is The Decision Support Company. Comshare develops, markets, and supports complete client/server decision support applications. Comshare's software applications are designed to improve business analysis, planning, and operations for effective decision making, enhanced competitiveness, and improved profits. Comshare's application software is popular among major corporations in many industries, with particular concentration in financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , utilities, manufacturing, energy, services, retail and consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and industries. One of the top 100 independent software companies, Comshare has over 3,000 customers worldwide, many of which are Fortune 1000 and Financial Times Top 1000 companies. Comshare, Inc. is a Microsoft Solution Provider. For more information about Comshare Retail products and services, email us at: arthur@comshare.com or call toll-free 1-888-479-ARTHUR or see our home page on the worldwide web at www.comshare.com . Comshare will be exhibiting at RisCON '97, October 5-8, 1997 at the Pennsylvania Convention Center The Pennsylvania Convention Center is a multi-use public facility in Philadelphia, Pennsylvania which is designed to accommodate conventions, exhibitions, conferences and other events. . Come see us at Booth No. 300 Comshare and The Decision Support are registered trademarks; Arthur and Full Lifecycle Decision Support are trademarks of Comshare, Inc. All others are the property of their respective holders. NOTE TO EDITORS: There is an "at" symbol following "sellinger", "lnegrich", "erika" and "arthur" in the e-mail addresses See Internet address. e-mail address - electronic mail address contained in this release. This symbol may not appear properly in some systems. CONTACT: Comshare, Inc. Sandy Ellinger, 313/769-6194 sellinger@comshare.com or Comshare, Retail Larry Negrich, 313/769-6047 lnegrich@comshare.com or Eiler Communications Erika Hoeft, 313/761-3399 erika@eilerpr.com |
|
||||||||||||||

pro·por
Printer friendly
Cite/link
Email
Feedback
Reader Opinion